B
BNH
Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080
$14.20
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About Brookfield Finance Inc. 4.625% Subordinated Notes due October 16, 2080
BNH is not a stock. It is a bond that trades on an exchange, issued by Brookfield Finance Inc., a financing arm of the Canadian investment firm Brookfield. Buyers lend money to the company and receive 4.625% interest a year, and the loan comes due on October 16, 2080. "Subordinated" means that if the company ever failed, these lenders would be paid after the regular lenders. Brookfield invests in real estate, infrastructure and renewable power, and uses this borrowing to fund that work.